Saudi Arabia pharmaceutical drugs market includes medicinal products sold as prescription drugs and OTC in hospitals and retail pharmacies for various ailments.
Saudi Arabia Pharmaceutical Drugs Market to Surpass US$ 16,663.1 Million by 2027, Says Coherent Market Insights (CMI)
April 23, 2021 08:30 ET | Source: CMI CMI Pune, INDIA
SEATTLE, April 23, 2021 (GLOBE NEWSWIRE) According to Coherent Market Insights, the Saudi Arabia pharmaceutical drugs market is estimated to be valued at
US$
7.3
Key Trends and Analysis of the
Key trends in the market include increasing partnership strategies, product launches and approvals, and others.
The major pharmaceutical manufacturers in Saudi Arabia are focused on developing and launching pharmaceutical drugs with improved therapeutic effects and different dosage forms for ease of administration and patient convenience, which is expected to gain significant traction in the Saudi Arabia pharmaceutical drugs market. For instance, in June 2020, the Saudi Arabia Ministry of Health approved dexamethasone to treat coronavirus patients in the count
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